Chevron submits Indonesia gas development plan http://www.reuters.com/article/companyNewsAndPR/idUSJAK6856520070806
Mon Aug 6, 2007
JAKARTA, Aug 6 (Reuters) - U.S. oil major, Chevron Corp (CVX.N: Quote, Profile, Research), has put forward a development plan for its natural gas fields offshore East Kalimantan, part of Borneo island, Indonesia's oil watchdog said on Monday.
Chevron said last year it planned to invest about $6 billion to develop gas fields off the coast of Borneo, part of efforts to crank up flagging Indonesia gas output. http://www.reuters.com/article/companyNewsAndPR/idUSJAK6856520070806